BFST (NASDAQ)

BFST NASDAQ

Business First Bancshares

STAY LONG

26.13

Prev.Close

25.88

Change

+0.2500

Change%

+0.97%

BEARISH THREE GAP UPS

Bought at

24.29

Open

26.19

High

26.62

Low

25.92

26.13

Gain%

+7.58%

Signal History

Date	Price	Signal	Change%		$100⇨
09/09	24.29	BUY	+7.6%	✔	110
09/04	24.10	SHORT	+0.8%	❌	112
08/15	22.11	BUY	+9.0%	✔	103
08/01	25.27	SELL	-12.5%	✔	103
07/23	24.18	BUY	+4.5%	✔	99
07/19	23.67	SELL	+2.2%	❌	99
06/18	20.42	BUY	+15.9%	✔ 👍	86
06/04	20.57	SELL	-0.7%	✔	86
05/31	21.45	BUY	-4.1%	❌	90
05/23	21.26	SELL	+0.9%	❌	90
05/06	21.31	BUY	-0.2%	❌	90
04/26	21.40	SHORT	-0.4%	✔	90
04/23	21.94	BUY	-2.5%	❌	93
04/10	20.59	SHORT	+6.6%	❌	100
04/08	20.98	BUY	-1.9%	❌	102
03/26	21.58	SHORT	-2.8%	✔	100
03/20	21.54	BUY	+0.2%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 09/09/2024, 8 days ago, when the stock price was 24.29. Since then BFST has risen by +7.58%.

Market Outlook

The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. The current price is quite distant from the confirmation level, so the probability of a bearish confirmation is very low. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security. The Delayed Intraday Module is OFF.

Pattern Description

This is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...

Date	Price	Signal	Change%		$100⇨
09/09	24.29	BUY	+7.6%	✔	193
09/04	24.10	SHORT	+0.8%	❌	195
08/15	22.11	BUY	+9.0%	✔	180
08/01	25.27	SELL	-12.5%	✔	180
07/23	24.18	BUY	+4.5%	✔	173
07/19	23.67	SELL	+2.2%	❌	173
06/18	20.42	BUY	+15.9%	✔ 👍	150
06/04	20.57	SELL	-0.7%	✔	150
05/31	21.45	BUY	-4.1%	❌	157
05/23	21.26	SELL	+0.9%	❌	157
05/06	21.31	BUY	-0.2%	❌	158
04/26	21.40	SHORT	-0.4%	✔	158
04/23	21.94	BUY	-2.5%	❌	162
04/10	20.59	SHORT	+6.6%	❌	174
04/08	20.98	BUY	-1.9%	❌	178
03/26	21.58	SHORT	-2.8%	✔	174
03/20	21.54	BUY	+0.2%	✔	175
03/14	22.02	SELL	-2.2%	✔	175
02/27	21.89	BUY	+0.6%	✔	174
02/22	21.78	SHORT	+0.5%	❌	176
02/09	21.53	BUY	+1.2%	✔	174
01/31	23.25	SELL	-7.4%	✔	175
01/26	23.51	BUY	-1.1%	❌	177
01/23	23.40	SHORT	+0.5%	❌	179
01/18	22.63	BUY	+3.4%	✔	174
01/03	24.30	SELL	-6.9%	✔	174
12/13	22.10	BUY	+10.0%	✔	158
12/06	21.40	SELL	+3.3%	❌	159
12/01	20.36	BUY	+5.1%	✔	151
11/20	20.94	SELL	-2.8%	✔	152
11/14	20.94	BUY	0.0%	❌	152
11/07	20.56	SELL	+1.8%	❌	152
10/26	18.52	BUY	+11.0%	✔ 👍	137
10/13	18.55	SHORT	-0.2%	✔	138
10/05	18.95	BUY	-2.1%	❌	141
10/03	18.59	SHORT	+1.9%	❌	145
09/25	18.42	BUY	+0.9%	✔	144
09/18	19.01	SHORT	-3.1%	✔	140
09/14	19.35	BUY	-1.8%	❌	143
09/06	20.19	SHORT	-4.2%	✔	138